Hyundai Glovis stock draws a KRW 320,000 analyst target

Hyundai Glovis stock is carrying a new KRW 320,000 analyst target after the company's Q2 2026 revenue reached KRW 8.7 trillion. The September 29, 2026 assessment links the outlook to car carrier rates, Chinese vehicle exports and heavier cargo demand.

Daishin targets KRW 320,000

According to CHOSUNBIZ on September 29, 2026, Daishin Securities initiated a Buy rating and set a KRW 320,000 target price. The research view uses expected 2026 earnings per share of KRW 22,815 and a 14 times sector price-to-earnings multiple.

Daishin projected 2026 sales of KRW 34.76 trillion, up 17.6 percent from the prior year, and operating profit of KRW 2.232 trillion, up 7.7 percent. The comparison matters because the forecast combines revenue expansion with a slower operating-profit growth rate.

Q2 earnings show higher revenue

ATS View reports that Hyundai Glovis generated KRW 8.71 trillion of revenue in Q2 2026, up 15.8 percent year over year. Operating profit was KRW 495.1 billion, equal to a 5.7 percent margin, while net income reached KRW 369.2 billion.

The Q2 figures give the analyst target a measurable operating base. Revenue increased from KRW 7.81 trillion in Q1 2026, while operating profit declined from KRW 521.5 billion, making margin development a key counterweight to the shipping growth thesis.

Market capitalization stands at KRW 14.8 trillion

Hyundai Glovis had a market capitalization of KRW 14.8 trillion on October 1, 2026, based on the KRX-listed ordinary share. The valuation context is important because the KRW 320,000 target rests on projected earnings growth rather than on the latest quarterly profit alone.

The company also has exposure to fixed-fleet expansion, non-affiliate cargo and heavy equipment shipments. Those drivers support the revenue case, while the lower Q2 operating profit compared with Q1 highlights the need for freight-rate gains to translate into sustained margins.

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